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>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this negotiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it is not quite there yet. >> woodruff: given that, again steve heydemann, how is the west looking at all this? >> it's happening very quickly. it's a matter of enormous concern. if the regime were to collapse in the absence of a political settlement, the potential for increased violence, the possibility that the opposition now is taking shape entirely is not yet ready to govern is seen as a very serious consideration in washington. however, the question of whether it would be possible for the u.s., for example, to accept a negotiated process in which assad himself were permitted to escape
>> i completely agree with steve. the russian influence on assad is real but limited. there is another country which has more influence on assad and it is iran. the real dilemma for the russians would be if we say, okay, let's have this negotiation. let's have russia disabled but iran should be excluded. assad says, well, i am willing to be a part of the negotiations but not without iran. to accept the exclusion of iran would be a difficult concession for putin. my impression is that it...
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s billionaire founder, steve cohen, told clients he is confident that he "acted appropriately." well, another big company today authorizing a special dividend in anticipation of higher taxes next year. now it's costco jumping on the dividend bandwagon as a way to beat some of the impact of the fiscal cliff fallout. the wholesale club operator announced a special dividend of $7 a share to investors. it will cost the firm an estimated $3 billion. >> susie: tom, investors like the news. cosco's shares rose more than 6%, or $6, and a gain of of%. >> tom: we've seen a list of companies providing these special dividends, and we'll have more reporting on that tomorrow. today, meantime, in our market focus, some encouragement from capitol hill in the white house over avoiding the fiscal cliff. and the major stock indices head higher. the s&p 500 began the session by moving lower, hitting its lowest level of the day in the first hour. it moved into the green for the session the same hour president obama said they may have a fiscal cliff deal by christmas. the index finished at its high o
s billionaire founder, steve cohen, told clients he is confident that he "acted appropriately." well, another big company today authorizing a special dividend in anticipation of higher taxes next year. now it's costco jumping on the dividend bandwagon as a way to beat some of the impact of the fiscal cliff fallout. the wholesale club operator announced a special dividend of $7 a share to investors. it will cost the firm an estimated $3 billion. >> susie: tom, investors like the...
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steve harrigan has the latest. >> they're afraid to do their job. the court surrounded by several thousands chanting protesters sunday morning and the judges refused to enter the building, citing fiscal and psychological intimidation from the crowd. egypt interior ministry said police made the entrance secure. demonstrators say they were backing the president. >> you are here to support the decision of president mohammed morsi. we haven't stopped anyone from entering and we haven't destroyed anything. we're here to protest. that is our constitutional right. >> what is or is not constitutional in egypt these days is in flux. it's set to be voted nonnational referendum on december 15. until then, both sides marshall the forces. demonstrating the support on the street. the number of protesters declineed. to just a few thousand tonight. the government strategy of the nonconfrontation with opponents have been working. that is put to the test on tuesday when they plan to march to enemy territory. >> the protesters plan to march toward the presidential pal
steve harrigan has the latest. >> they're afraid to do their job. the court surrounded by several thousands chanting protesters sunday morning and the judges refused to enter the building, citing fiscal and psychological intimidation from the crowd. egypt interior ministry said police made the entrance secure. demonstrators say they were backing the president. >> you are here to support the decision of president mohammed morsi. we haven't stopped anyone from entering and we haven't...
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not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protesters in favor of the egypt president mohammed morsi. the judges were too concerned about trying to enter the building. they failed to do so. they said they would not meet anymore under the atmosphere of fear and intimidation. to an example of mob rule here. justices building surrounded and the justices failing to meet today. as far as the constitution, pushed through in one night, earlier in the week, it's now set to go to a referendum. nationwide vote on this. december 15. president morsi said those extreme powers which he adopted would be void. perhaps in two weeks time if the constitution is adopted. finally, another show of public support for the president, demonstrators came out here to the university of cairo yesterday. again, in support of president morsi. many of them from the muslim brotherhood. about 200,000 strong. much larger crow
not very encouraging, steve. good morning. >> reporter: certainly not. in a blow to the egypt constitutional court. judges were going to meet today but the building they were going to meet in was surrounded by protesters in favor of the egypt president mohammed morsi. the judges were too concerned about trying to enter the building. they failed to do so. they said they would not meet anymore under the atmosphere of fear and intimidation. to an example of mob rule here. justices building...
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. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking about? all those spending cuts and tax hikes that go into effect if washington doesn't make a deal. that means four more weeks of spinning our wheel of misfortune. where will it land today? follies. that's the perfect term. both sides miles apart. wall street remains optimistic a deal will be reached by january 1st. perhaps in a nod to investors, the president gave his first post-election interview today to none other than bloomberg tv. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign, which is a balanced, responsible approach to deficit reduction
. >> i'm steve kornacki, more than aa million americans spanning all ages and races share one common belief. god is alive and well, but this isn't your parents' religious renaissance. >> na non-believer's prayers have been answered. doug dynasty invited me on a hunt, and i'm taking you all, too, today on "the cycle." >>> for those of you counting, it's just 27 days, eight hours and 59 minutes until the ball falls in times square. what did you think i was talking...
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>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned d
>>> plus, former aol ceo steve case joins us. he'll outline his big plans to get america back to work and how to keep america great when it comes to innovation. all ahead on "power lunch." tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down...
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we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is preeminently where a president has to lead and be specific. you can't expect the republicans to lead on an area that he's dominated in politically. >> here's an entitlement idea, a way to help support medicare, let them dictate price -- drug prices. >> steve, this, to me, is a much more interesting debate than tom and dan. because i think the president has done exactly what he's done in the past in this negotiating. he's not grinding it out with speaker boehner. he's out giving speeches, rallying his base. meeting with groups like moveon.org. how will he be able to walk back from the position he's taken? with the base of your conference feel like he caved. the president just won this historic re-election, how can he walk back now after h
we can talk about how we do it. >> you have to be specific, steve. because when you talk about fixing the entitlement programs, we're clear, social security is off the table. what do you mean? >> what secretary geithner said is on a separate process. >> we're talking about between now and 30 days from now. >> this is preeminently where a president has to lead and be specific. you can't expect the republicans to lead on an area that he's dominated in politically. >>...
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steve mcmahon. bad news for you, rick tyler. good news for you. >>> up next, what happened to the moderates in the republican party, the so-called -- i grew up with them -- the eisenhower republicans? this is "hardball," the place for politics. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean. oral-b power brushes. go to oralb.com for the latest offers. part of a whole new line of tablets from dell. it's changing the conversation. ♪ >>> "jack kennedy, elusive hero" has just hit number six on "the new york times" best-seller list. it's a great book to get for christmas and the holidays for one great reason. it reminds us how americans can not just get the job done but actually achieve great things. it's about a young leader
steve mcmahon. bad news for you, rick tyler. good news for you. >>> up next, what happened to the moderates in the republican party, the so-called -- i grew up with them -- the eisenhower republicans? this is "hardball," the place for politics. ♪ [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with...
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one democrat steve mcmahon and republican rick tar. rick, you first because you guys lost and i don't mind saying this because i'm heartened by this. i didn't know it was going to happen pi i thought the first debate as i said clearly on the air, the president said i was having a stroke over there, i thought there was an opportunity to win if you stayed on that line, we can create jobs but somehow you got into something else. what happened in this lex on issues? >> i was telling steve earlier in the green room that i started to believe it after the first debate also. i didn't believe it all the way up. i was on this program being probably the number one critic of mitt romney and we tried everything. we tried tim pawlenty and michele bachmann and herman cain and rick perry. i think that was inverted but we tried newt gingrich and rick santorum and we arrived at the inevitable mitt romney. >> you ended up with a weak candidate. >> in many ways yes. >> do you think any of the other guys or women that you passed over would have been better
one democrat steve mcmahon and republican rick tar. rick, you first because you guys lost and i don't mind saying this because i'm heartened by this. i didn't know it was going to happen pi i thought the first debate as i said clearly on the air, the president said i was having a stroke over there, i thought there was an opportunity to win if you stayed on that line, we can create jobs but somehow you got into something else. what happened in this lex on issues? >> i was telling steve...
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let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching from concord back over toward berkeley and highway 24. and right toward san francisco you can see that is pretty heavy rain right off the marin head lands. there is pockets of very heavy rain there. it looks like it's flowing south. you can see right off the coast as well things have been enhancing. also over toward interstate 80 over toward hercules, pinole, and back over toward lafayette. things are beginning to fill in. overall the line is taking a west to east angle and it's moving over us. rain here for some not at all. it will be cloudy. for other
let's check in with steve. >>> tara, thank you. rain steady, moderate, almost approaching heavy now. you can see an enhancement taking place. maybe a quarter inch to an inch of rain along the san mateo coast, skyline and santa cruz mountains. already san francisco is approaching a half inch of rain. another quarter to an inch to the north and south. but there is a pretty good looking ban going over us. san francisco almost a half inch of rain. there is a line. you can see stretching...
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>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this is just around the corner, and it's going to destroy the economy and inflation has not ticked up. it's been low for the past few years. you say maybe a little inflation wouldn't be bad for the economy right here. kind of a counterintuitive argument to make. can you lay that case out a little bit? >> yeah. the big concern when you have a heavily indekted economy here in the united states and around the developed world the last thing you want is deflation, because that means the debt burdens get heavier and it becomes harder to pay them off. what you want essentially is some inflation. not high inflat
>> steve, i like the humor around the group, and i think it's a slightly schizophrenic time. i think one can be deeply worried about the compression of growth, the collapse of inflation, and the possible revival of 1930s style policies around the world. that's deeply worrying. on the other hand, i think there is some space to be slightly optimistic that we're opening up opportunities for what i call a pivot to inhe flags both here in the united states and around the world. >> this...
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i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher rates it's capital gains. >> that's right. people start taking gains and hold on to what they have. that means capital is not put to work. in the early 1990s the economy was starting to get a real head of steam. not enough to save george h.w. bush but that slowed in '93 and '94. when republicans came in, cut spending, killed hilary care and alan greenspan had a sensible monetary policy, the economy started to recover and then clinton got the religion, he cut capital gains. >> steve is giving your man all these kudos and you
i have to go steve forbes. the most supply side oriented tax of all is the tax on risk and wealth, namely capital gains tax, risk wealth high risk stock investment. every time the capital gains tax rate is cut, revenues soar as they did under bill clinton. in fact, president obama was asked this in a tv interview during the campaign and he said i know that's what the numbers show but i still want to raise the top rates. if ever there's a supply side tax rates where lower rates produce higher...
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. >> steve barton and eric fuller, thanks, both of you for coming on the program. >> what does it mean and by it, i mean the second >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. >> a well-regulated militia being necessary to the security of a free state the right of the people to keep and bear arms shall not be infringed. what does that mean? joining me to answer is adam winkler, professor of constitutional law. explain it, those few words have sparked controversy dispute explain to us a little bit about the history of the words and how you understand them under current legal jurisprudence in terms of the capacity to impose gun control. >> those words have doubled to americans for a long time. it's as if this wonderful thing the karma was discovered and wanted to put it in there. as a long time, people have been confused. a landmark case, district of columbia versus he willer
. >> steve barton and eric fuller, thanks, both of you for coming on the program. >> what does it mean and by it, i mean the second >> she gets the comedians laughing... >> that's hilarious! >> ...and the thinkers thinking. >> okay, so there's wiggle-room in the ten commandments is what you're telling me. >> she's joy behar. ... and current will let me say anything. >> only on current tv. >> a well-regulated militia being necessary to the...
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back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailout. there when you need them. helping millions of americans over the centuries. the strength of a global financial leader. the heart of a one-to-one relationship. together for your future. ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>> welcome back. you just heard from timothy geithner. did the exclusive interview you just saw move the needle in terms of the fiscal cliff being any clo
back to you, maria. >> steve, thank you so much. steve liesman with the secretary of treasury. let's get reaction to that exclusive interview. that's coming up after that short break. on deck, senator jeff sessions is with me, a ranking member of the senate budget committee. richard shelby is also with me. and maya mcguinness. this busy edition "the closing bell" is just getting started. we're back in a minute. they've been committed to putting clients first. helping generations...
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>> bret: steve harrigan live saturday in cairo. thanks. another day without internet and telephone service with people in war torn syria. they show the government war plane firing rockets on homs this week. video of spoke rising from the bomb strikes in other towns. north korea may be preparing for a rocket launch. sections are strucked in the launch site. but there is speculation that it may be a bluff. to rat the obama administration. and south carolina presidential election. shooting down rockets and missiles is idea behind israel so-called iron dome. said to be effective in conflict with hamas. what. we look at the questions from the pentagon. >> 1,500 rockets were fired at israel from the gaza strip in eight day of fighting. the iron dome missile system said to intercepted most of them. modern warfare game changer in the middle east. >> iron dome, performed, fair to say remarkably well. in the recent escalation. >> only 55 out of the 1,500 ended up falling. >> the u.s. taxpayers invested $275 million to help israel build and seal the
>> bret: steve harrigan live saturday in cairo. thanks. another day without internet and telephone service with people in war torn syria. they show the government war plane firing rockets on homs this week. video of spoke rising from the bomb strikes in other towns. north korea may be preparing for a rocket launch. sections are strucked in the launch site. but there is speculation that it may be a bluff. to rat the obama administration. and south carolina presidential election. shooting...
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secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those numbers in months or weeks, they don't know. but the russians have a lot at stake here. they're only outside of russia naval base is in seyria. they want to make sure if there's a transition, they're involved to preserve that. >> and, steve, if the russians back out, does that mean the first action then that -- will we see emergency action at the u.n. perhaps this weekend? when is all this coming to a head? >> i think the russians keep moving in the direction they are, i do think they're there, sending all the signals that they are done with assad and so the market signals are there. i think you'l
secretary of state meeting with the russian counterpart, david and steve, this is both to you. david, let me start with you. it looks like the russians are looking for a way out of supporting assad. are we there yet? >> not quite there but they're getting pretty close. the russians sniffed the decay of power faster than almost any nation on earth. the chinese are also good at that. i've come to the conclusion that at this point assad's days are numbered. now whether you measured those...
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. -- critics in the senate. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. (car horn) paying with your smartphone instead of cash... (phone rings) that's a step forward. with chase quickpay, you can send money directly to anyone's checking account. i guess he's a kicker... again, again! oh, no you don't! take a step forward and chase what matters. >> i left that meeting with less of a feeling about her judgment and about her suitability to be secretary of state. >> moderate republican senator susan collins still expressing doubts after meeting with u.n. ambassador susan rice and we are back with the panel. it's fair to say it s
. -- critics in the senate. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't...
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steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radical movement. we saw violence in cities across america
steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious...
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> secretary of state, hillary clinton, coming to the defense of his possible successor, u.n. ambassador susan rice. yet, the smear campaign against susan rice continues as more republicans pile on. rice had another tough day on capitol hill today. now, senate republicans are blaming rice for yet another security failure. the u.s. embassy bombings in kenya and tanzania 14 years ago. >> it troubles me so much is the benghazi attack in many ways echos the attacks of those embassies
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to...
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bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital information immediately following the terror attack on the u.s. mission in benghazi almost three months ago. chief intelligence correspondent catherine herridge with a roadmap. >> the 94-port intelligence memo known as the c.i.a. talking points was reviewed by two dozen officials in 24-hour period before ambassador rice used them as the basis for the controversial sunday show appearances where she wrongly blamed the consulate attack on anti-islam video. >> they were dumbed down to the point that they were, we should have said nothing versus what they were trying to tell the american peopl
bret, back to you. >> bret: steve harrigan live in cairo. steve, thank you. iran says it has captured another u.s. drone. iranian tv showed an image that said was aircraft that entered the air space over the persian gulf. both the u.s. navy and c.i.a. insist it's not one of theirs. other countries in the region do use the same type of drone. >> bret: you know what they say about too many cooks in the kitchen. we have new information tonight about the circuitous path of vital...
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. ♪ don't know what i'd do ♪ i'd have nothing to prove ♪ i'd have nothing to lose ♪ i'd be all lost at sea ♪ with no reason to make it through ♪ [ male announcer ] introducing the celebration diamond collection. ♪ if it wasn't for you [ male announcer ] diamonds so expertly cut, we guarantee them for life. zales is the diamond store. let love shine. >>> susan rice has done a great job as our ambassador to the united nations. this decision
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] with 160 more miles per tank, the distances aren't getting shorter. ♪ the trucks are going farther. the new...
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we'll be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket science. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may cost. so i never missed a beat. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> regal entertainment, national beverage, and now heinz the latest companies to issue a special dividend ahead o
we'll be right back. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. which isn't rocket...
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Dec 4, 2012
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steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies -- now, i think he's right we're aiming right now for a growth rate that may be unattainable. long-term, a society cannot exactly choose but can adjust this level of growth. third, some of the things that he's most concerned about, for example, global competition, are some of the things that make me optimistic about the future, not pessimistic. >> but lindsay, part of his reasoning is we're adding too much debt to the equation. debt servicing takes up more of our growth at this point. too many band-aids solving problems that need surgery, not sor
steve, is it really as bad as all of that? we're talking about some very anemic numbers. >> the question is, what part is bad? i really disagree with this report in the sense that i don't see how he can possibly know what the growth rate is going to be in 2050. i don't think he knows what the growth rate is going to be next year let alone in 2050. the second thing wrong with this prediction is growth rates are something that are within control of a society or nation. with the policies --...
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i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over libya. >>> good to have you with us tonight, folks. republicans are walking tall in public but hanging their heads behind closed doors. john boehner struck a defiant tone during a news conference today. he blamed the president and democrats for stalling negotiations on a debt deal. >> despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. and secondly, no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> tough talk. it's also completely divorced from reality. right before the news conference, boe
i'll talk costco and fiscal cliff with steve greenhouse of "the new york times." >>> plus hostess executives tank their company and cost the people their jobs. so why are they still demanding millions of dollars in bonuses? >>> and we'll tell you how senator john mccain fits in with congressman louie gohmert's latest conspiracy theory. >> this administration sent planes and bombs and support to oust gadhafi so al qaeda and the muslim brotherhood could take over...
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Nov 29, 2012
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he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the fiscal cliff can, in fact, be reached by christmas. there's a look at the markets right now. perhaps that's what brought the dow back into positive territory. now sits with a gain of 20 points. s&p 500 up one-third of 1%. market's recovering at least part of what they lost during those comments earlier from house speaker john boehner. let's do a market flash now with mary thompson. retail big story today, mar. >> big story. we're watching some of those retail names go down today, scott. a number of retailers actually came in weaker
he has a steve cam. a camera that films what he's doing so traders can see when to make a trade, what's going on. one indication of his close personal involvement. >> interesting stuff. thank you so much. >>> looking at the markets here again, we're in the green here. a couple quick comments from senator schumer. he did say there is progress being made behind the scenes. waiting for specifics from the gop. but he is confident. this is senator schumer. that a deal to avert the...
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steve? >> the supreme constitutional court justices suspended their work in cairo because a crowd of protesters surround their building when they try to go to work this morning. the protesters are loyal to the egypt president mohammed morsi. the supreme court justices said they felt intimidated both physically and psychologically. so they will not continue their work indefinitely. they are likely to rule on legitimacy of the assembly that passed draft constitution on friday. the next step for draft constitution in egypt is to go to a national referendum on december 15. whole nation will vote up or down on that constitutional document. if it succeeds, president morsi said he will give up the extraordinary powers he assumed last week. move that set off the street protests here. as far as the protests go, we are seeing a few thousand people behind us in tahrir square who are anti-morsi protesters, with a much larger showing yesterday. 200,000 people. many of them from the muslim brotherhood com
steve? >> the supreme constitutional court justices suspended their work in cairo because a crowd of protesters surround their building when they try to go to work this morning. the protesters are loyal to the egypt president mohammed morsi. the supreme court justices said they felt intimidated both physically and psychologically. so they will not continue their work indefinitely. they are likely to rule on legitimacy of the assembly that passed draft constitution on friday. the next step...
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. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he always said he was going to be a two-term senator. had he a term less. he left early. he wasn't going to be a career politician. i think this makes a lot of sense for senator demint in a lot of ways and i think it's good for the conservative movement. >> he has supported candidates against more moderate republicans in primaries and then his candidate lost in the general election, including obviously richard mourdock in indiana, christine o'donnell, ken buck in colorado. what do you think is going to be the influence now for jim demint going into the heritage foundation? >> i think he's been a singular failure when you look at the can
. >> joining me now is steve and republican strategist and form are campaign manager for huckabee, jim saltsman. >> hello. >> pmr. demint has been trying o leverage his position as the tea party's uncompromising man in the gop and that his effort has failed or stalled. >> i don't think i agree with "the washington post" at all. i think he's had a great impact across the country and i think the move to the heritage makes a lot of sense to him personally. he...
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Nov 30, 2012
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it's rather astonishing. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>> we always love hearing from rain shower viewers on twitter @edshow and our facebook page. many of you are using the president's hash tag to tell us how you're going to spend the money you save through the middle class tax cuts. john wheat says my $2,000 will help pay my student loans, better yet, forgive my student loans so i can put my 2k back into the economy. richard sanders says, my 2k allows me to pay for my health insurance premium. and ralph from new york say, i will use my $2,000 to get romney a dog sitter the next time he takes a road trip. keep sharing your thoughts w
it's rather astonishing. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. >>>...
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david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file wants to hold fast and stick to principle which is rare in washington. david: what is your feeling? do you think we'll go off the cliff? >> i think it will go right to the end. if boehner and senator mcconnell do not cave, i think we'll kick the can down the road. for once that will be a good thing rather than a bad thing. david: steve forbes, forbes media chairman. >> good to see you, david. david: liz, over to you. liz: they're doing it in churches and cafeteria, ready for a workout. "inc." magazine named sumba fitness the company of the year. we have the ceo of assume ba fi
david: steve, will republicans cave on the issue of tax rate increases. will they agree with the president and his folks to raise ttx rates? >> the rank-and-file that talk to want to hold fast on that and say, no we're not going to do it. you want to push the economy off the cliff, you're the chief executive. you're supposed to be bringing people together. and put, throw the ball back in his court. david: you think no deal? >> boehner might be willing to do a deal. the rank-and-file...
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congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actually like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> susan rice has done a great job as our ambassador to the united nations. this decision about my successor is up to the president but i'm very happy he has the opportunity with a second term to make a decision. >> secretary of state, hillary clinton, coming to the defense of his possible successor, u.n. ambassador susan rice. yet, the smear campaign against susan
congressman steve israel, great to have you with us tonight. thanks so much. >>> the republican smear campaign against ambassador, susan rice, continues as more senators pile on. karen finney weighs in on what's the next best move then? the time is now to find out why the new push for immigration reform is making republicans very uncomfortable. stay with us. [ male announcer ] this december, remember -- ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or...
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Dec 3, 2012
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welcome, steve. i hope you feel better. >> that's nice about you. >> i wasn't talking about myself. 1823, silent films star harold lloyd gave us a thrilling moment in american history. here it is. ♪ >> there was no computer generated special effects back then. that was a literal cliff-hanger, and 90 years later it keeps you on the edge of your seat. the literal cliff-hanger is what we have in congress right now. there's little to no doubt we'll avoid doomsday, but for a while we hang over the aabyss in a daredevil stunt of our own making. this makes americans believe congress is a bunch of big, fat liars. when it comes to honesty, congress ranked so low they're second to used car salesmen. it's a fee even harold lloyd wouldn't attempt to pull off in exchange for an over climactic conclusion. today we debay tut the wheel of fortune style. we use it to determine how to refer to the debate. cliff, slope, fiesta or follies. today we go to fiscal fiesta. are you ready for this fiesta party? >> i'm thril
welcome, steve. i hope you feel better. >> that's nice about you. >> i wasn't talking about myself. 1823, silent films star harold lloyd gave us a thrilling moment in american history. here it is. ♪ >> there was no computer generated special effects back then. that was a literal cliff-hanger, and 90 years later it keeps you on the edge of your seat. the literal cliff-hanger is what we have in congress right now. there's little to no doubt we'll avoid doomsday, but for a...
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Dec 7, 2012
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here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and i will spend time in hell for it. it doesn't -- >> toure makes up for you. >> it's a good thing for -- >> i'm going to listen to god over the daily mail. >> don't worry about it, steve. toure has it covered. he takes up 90% of the gossip. >> been here 10 minutes and you make fun of me? >> this is what i tell st. peter. >> toure told me it's okay. >> all right. glad we solved that. up next fascinating "new york times" magazine story about the island where people forget to die. you'll want to hear about this one to be sure. wasn't my daughter's black bean soup spectacular?
here's the part that i would say. >> all about steve. he always does this. >> there's an ainner torment aaspect to this, too. you say 50% don't gossip here. do i talk about people behind their backs sometimes? sure. do i hear something skur lus about something and mentioned it to others. >> what have you heard about s.e.? she's not here. >> the catholic in me hates me for that. i feel so guilty for doing that. i feel so terrible. it's it's a terrible, horrible thing and...
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he's representative steve king of iowa, and here is how he thinks republicans might reach out to latino voters. take a listen to this, lily. >> whatever we might say we were going to do, reduce the enforcement of the rule of law, waive the ruling of law, democrats will find a way to hand deliver citizenship papers along with a great big check from money borrowed from the chinese. >> so there it is. great bigheckromrrro chinese. >> these are the moments when i am lost -- i have no words. >> this isn't an isolated comment. >> exactly. it's so sad. they need like a pr overhaul for the party because you have a pocket of people that get it. you have the susana martinez that are trying and all of a sudden a comment like this comes out and it's back to square one. you're trying so hard but it really with comments like this, you go back to the ignorance of not realizing here is a number, i want everybody to remember. 62% of all u.s. hispanics are u.s. born. you don't have to buy us by giving citizenship papers or money. it's a bigger issue. it's a matter of respect, outreach, and a concerted ef
he's representative steve king of iowa, and here is how he thinks republicans might reach out to latino voters. take a listen to this, lily. >> whatever we might say we were going to do, reduce the enforcement of the rule of law, waive the ruling of law, democrats will find a way to hand deliver citizenship papers along with a great big check from money borrowed from the chinese. >> so there it is. great bigheckromrrro chinese. >> these are the moments when i am lost -- i have...
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we can talk about how we do it -- >> get specific, steve, because when you start talking about fixing the entitlement program, we're clear, social security is off the table. >> we're not clear. no. >> no. what secretary geithner has said on a separate process. >> eric, we've talked to some degree about the back and forth within the republican party on this deal but haven't spent as much time on what's happening on the left in terms of what the democrats will stomach in terms of entitlement reform if any at all. do you think there is a wing of the party that believes that this process can happen without reform on entitlements? >> no. i don't think anybody who's seriously in the game thinks that. i think the question is, how much do you have to give up, is it reasonable? what are you getting in return as michael said on the other side in terms of tax revenues. so, you know, i think there is a consensus that there has to be a balanced approach and that's what we're going to see happen. the thing about entitlements is republicans haven't really come forward with any specificity as they ha
we can talk about how we do it -- >> get specific, steve, because when you start talking about fixing the entitlement program, we're clear, social security is off the table. >> we're not clear. no. >> no. what secretary geithner has said on a separate process. >> eric, we've talked to some degree about the back and forth within the republican party on this deal but haven't spent as much time on what's happening on the left in terms of what the democrats will stomach in...
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tim cook is no longer in the glow of the steve jobs era. again, that was a major -- charles: he still would have had enough credit among wall street. every apple's earnings report was not great. it was a component issue. they did not have enough supply. they never put the blame on steve jobs. he has that credibility among wall street. the first time at bat, he struck out. you know what people are saying. connell: it has been such a great performer as a stock for so long. how do you personally look at it? charles: i have it in my retirement account. i would not add it to my stocks quite yet. almost everybody that uses any sort of real fundamental analysis will say, this is a cheap struck. forget about the share price. this literally should be a $1000 stock. maybe this will ultimately split the stock. i think companies are more focused on products and execution than stock price right now. i will not add to my position until i see some sort of numbers that suggest they will turn it around. connell: we will talk more about apple coming up. dage
tim cook is no longer in the glow of the steve jobs era. again, that was a major -- charles: he still would have had enough credit among wall street. every apple's earnings report was not great. it was a component issue. they did not have enough supply. they never put the blame on steve jobs. he has that credibility among wall street. the first time at bat, he struck out. you know what people are saying. connell: it has been such a great performer as a stock for so long. how do you personally...
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let's turn to steve greenhouse, labor and workplace reporter for "the new york times" and the author of "the big squeeze." great to have you here tonight, mr. greenhouse. what do you make of the symbolism, and i believe it's symbolism that the vice president went to costco today to make a statement about the middle class but also how to treat workers. >> i think it's a twofer or threefer for biden and the white house. it's important to go out and shop, important to stimulate the economy. if we're going to pick a store, let's go to costco which is known for treating its workers better than basically any general retailer in the country. i've been covering labor for a few years for "the new york times" and a few years ago, several people were saying, you should take a look at costco. they really do remarkable job in how they treat their workers. so i went out to their headquarters in washington. i spent a day with that gentleman next to biden, mr. sinegal, co-founder of the company. his father was a steelworker. he grew up in pittsburgh. i figured he was sympathetic to unions. he grew u
let's turn to steve greenhouse, labor and workplace reporter for "the new york times" and the author of "the big squeeze." great to have you here tonight, mr. greenhouse. what do you make of the symbolism, and i believe it's symbolism that the vice president went to costco today to make a statement about the middle class but also how to treat workers. >> i think it's a twofer or threefer for biden and the white house. it's important to go out and shop, important to...
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never ask the question, what would steve do? to just do what is right. >> man who acceseldom talks abo himself offer or his company, it is a fascinating conversation with cook, tonight, on rock center. >>> and up next, news for young mothers everywhere to remember while having a rough time of it with the kids. my achy feet made it tough to play with billy. until he got his number. right! the machine showed me my pressure points on my feet, and it gave me my custom number. my arches needed more support. in two minutes, the dr. scholl's foot mapping center showed me my free foot map and my number. i'm a 440. that matched up to the dr. scholl's custom fit orthotic inserts with the support i needed. now, i play all day long! my feet. my number. my inserts. go to drscholls.com to find your closest walmart with a foot mapping center. i'm a believer! now we need a little bit more... [ male announcer ] at humana, we understand the value of quality time and personal attention. which is why we are proud to partner with health care profess
never ask the question, what would steve do? to just do what is right. >> man who acceseldom talks abo himself offer or his company, it is a fascinating conversation with cook, tonight, on rock center. >>> and up next, news for young mothers everywhere to remember while having a rough time of it with the kids. my achy feet made it tough to play with billy. until he got his number. right! the machine showed me my pressure points on my feet, and it gave me my custom number. my...
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steve, you get to go first. would you have expected that today basically a flat-line kind of day for the dow and s&p and so forth, would have been more volatile given greece, given the comments out of washington and in pennsylvania? >> i certainly would have. i'd have thought that the greek news, the bailout tranche, would have been more positive. i would have thought the miss on consumer spending would have been more negative. i would have thought we saw more movement in the futures market before the open. we didn't see that. we waited for the political speakers. they've been pretty much lined up on their sides defending those who voted for therm. they've been moving markets which they didn't do today. >> jeff kilburg, how are you positioning your accounts, your portfolios for the next week and next weeks ahead? >> two very different stories here. we're seeing nearly 100-point move in the s&p from two weeks ago when boehner came out in a nice tone. i'm looking at the ten-year note which is showing a different s
steve, you get to go first. would you have expected that today basically a flat-line kind of day for the dow and s&p and so forth, would have been more volatile given greece, given the comments out of washington and in pennsylvania? >> i certainly would have. i'd have thought that the greek news, the bailout tranche, would have been more positive. i would have thought the miss on consumer spending would have been more negative. i would have thought we saw more movement in the futures...
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>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he made a documentary called "capitalism". i get the idea of tax credits for companies that create jobs. how many jobs do you think this michael moore movie created. >> brian: you see his movies really, since the bush one, have really tanked since, have not gotten the traction and he's pretty much disappeared, which i think is a good thing. >> steve: you think so? anyway, speaking of disappeared, whole bunch of michigan's money, $841,145 in taxpayer funded incentives disappeared into the making of that fine motion picture. >> gretc
>> steve: yeah. the good news is she was recently cleared of all allegations that she steered bailout money to a bank that her husband had stock in. so terrific. >> gretchen: here is a hypocrisy alert. michael moore, he's the maker of a lot of different films. he got over $840,000 in taxpayer funded incentives to make his movie. but guess who it was about. it was about opposing taxpayer funded incentive for businesses. so some people might find that hypocritical. >> steve: he...
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steve has more on the part of the grid lock. >> hi, uma. one month away from the critical deadline and there appears to be very little movement to a deal. the president is using the bully pulpit and appeal to the american people and pushing to extend the bush era tax cuts but those making $250,000. a year. democrats want high tax rates for the wealthy. the president stressed the urgency of the situation in the radio address. >> if congress does nothing. every family will see the income taxes go up in the beginning of next year. a family of four will see income taxes rise $2200. we can't let that happen. our families can't afford it and neither can our economy. >> but republicans say the president should quit his campaign mode and come home and take care of business. the latest round of political maneuvering involves pressure from democrats to schedule a vote on the senate plan to extend middle class cuts. but republicans say let's see spending cuts first. >> we need to hear they are willing to make spending cuts now. not promises in the fut
steve has more on the part of the grid lock. >> hi, uma. one month away from the critical deadline and there appears to be very little movement to a deal. the president is using the bully pulpit and appeal to the american people and pushing to extend the bush era tax cuts but those making $250,000. a year. democrats want high tax rates for the wealthy. the president stressed the urgency of the situation in the radio address. >> if congress does nothing. every family will see the...
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Dec 6, 2012
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i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case you want to buy apple. >> there are a million different reasons flying around the street, whether it's a technical sell-off we're seeing, the margin requirement story that we talked yesterday about, any validity to any of that, or is it simply this is a stock that has dominated the action over the course of a year, and people are just taking profits where profits are to be taken. >> i think again a lot of the participation in the stock is short term thinking which is problematic and we'll expand upon that at a later point. again, we talk about the fundamentals of this company and i just don't get it. i know dennis yo
i don't think it's over and we do think it will rebound next year. >> steve, good to have you on the show, appreciate it so much. >> thank you. >> steve milunovich from ubs. >> you made a good point before we came on air and what it was i thought about is that we're seeing some notable hedge funds suffer big withdrawals at the end of the year. apple was a key holding for the hedge funds, they're liquidating the decisions and expectations of redemption. if that's the case...